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Stock Market & Financial Investment News

News Breaks
May 13, 2014
10:37 EDTFNMAFannie Mae rallies sharply, levels to watch
In otherwise quiet trading, the shares are on a tear to the upside after the regulator for the company declined to cut mortgage loan sizes the company could hold as had been previously envisioned. Shares were last at $4.67, up ver 10%. At that price next resistance is at $4.80, a prior pivot high. Support is at $4.47.
News For FNMA From The Last 14 Days
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October 1, 2014
11:46 EDTFNMADavid Tepper says economy good, stock market not at high multiple currently
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09:20 EDTFNMAOn The Fly: Pre-market Movers
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07:08 EDTFNMACases linked to Fannie, Freddie profits rejected by judge, Reuters says
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September 24, 2014
14:47 EDTFNMAFannie Mae COO Edwards to leave company in 1H15
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September 17, 2014
13:28 EDTFNMAWells Fargo eases lending requirements for buying apartments, Financial Times says
Wells Fargo (WFC) is easing lending requirements for apartment purchases, reports the Financial Times. In an interview, the head of Wells Fargo mortgage production Franklin Codel said, “We’re tweaking our condo approvals to make them more consistent with what Fannie Mae (FNMA) and Freddie Mac (FMCC) allow." Reference Link

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